H20 URBAN LIMITED
Opportunity 61/100 (worth a look), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 22.0y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 22.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (52/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (54 events)Click to expand
- 2012-04-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2012-04-10🏁Company dissolved
- 2011-12-27📄gazette-notice-voluntarygazette · GAZ1(A)
- 2011-12-20📄dissolution-application-strike-off-companydissolution · DS01
- 2011-12-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2011-12-08➖DUNLOP, Stephen resigneddirector
- 2011-05-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-05-18📄change-person-director-company-with-change-dateofficers · CH01
- 2011-05-18📄change-person-director-company-with-change-dateofficers · CH01
- 2011-05-18📄change-person-director-company-with-change-dateofficers · CH01
- 2010-12-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-12-16📄change-person-director-company-with-change-dateofficers · CH01
- 2010-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2010-05-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-05📄accounts-with-accounts-type-fullaccounts · AA
- 2009-11-03📄appoint-corporate-secretary-company-with-nameofficers · AP04
- 2009-11-02➕PRISM COSEC LIMITED appointedcorporate-secretary
- 2009-09-25📄legacyofficers · 288b
- 2009-08-06➖MCGUINNESS, Neil Stephen resigneddirector
- 2009-05-21📄legacyannual-return · 363a
- 2009-05-06📄legacyofficers · 288b
- 2009-04-30➖HOWELLS, Cornel John resignedsecretary
- 2009-02-27📄legacyofficers · 288b
- 2009-02-19➖HANCOCK, Mark Edward resigneddirector
- 2008-12-09📄legacymortgage · 395
- 2008-11-25🔒Charge registered #5Lender: Bank of Scotland PLC
- 2008-05-21📄legacyannual-return · 363a
- 2008-05-21📍legacyaddress · 353
- 2008-05-14📄accounts-with-accounts-type-fullaccounts · AA
- 2008-01-04📄legacyofficers · 288a
- 2008-01-03📄legacyofficers · 288a
- 2007-12-17📍legacyaddress · 287
- 2007-12-14➕DUNLOP, Stephen appointeddirector
- 2007-12-14➕HANCOCK, Mark Edward appointeddirector
- 2007-10-12➕JACOB, Victoria Louise appointeddirector
- 2007-10-12➕LAZARUS, James Nicholas appointeddirector
- 2005-11-14🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2004-07-30➕BENSTED, Mark Laurence appointeddirector
- 2004-07-30➕HOWELLS, Cornel John appointedsecretary
- 2004-07-30➖MCMILLAN, Daniel resignedsecretary
- 2004-07-30➕MCGUINNESS, Neil Stephen appointeddirector
- 2004-07-08🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2004-07-08🔒Charge registered #2Lender: Thomas Potts PLC
- 2004-06-18🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2002-12-23➕MILLS, Stuart Christopher appointeddirector
- 2002-12-23➕PAGE, Richard Francis appointeddirector
- 2002-12-23➕PICKFORD, Quentin Patrick appointeddirector
- 2002-12-23➕TINDALE, Nicola appointeddirector
- 2002-12-23➖ALLY, Bibi Rahima resignednominee-secretary
- 2002-12-23➕MCMILLAN, Daniel appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -7 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 lowCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-04-10
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (0 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Deed of charge over deposit | 1 property | 25/11/2008 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 2 properties | 14/11/2005 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 08/07/2004 | — | |
| outstanding | Thomas Potts Thomas Potts PLC | Legal charge | 1 property | 08/07/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Debenture | 1 property | 18/06/2004 | — |